The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1887-06-09
Syndicate Insurance Company
=. III. CAPITAL.
Amount OF Capital Stock actually

III Il. in F ss;S; 81: ASSETS ss 80 &C., .
The cash on hand in its office is..s $llI52e.07
The cash on deposit In bank is.... B,26a4
Tie cash In hands Of agents and
In course Of transmission is. 6.43l,5 50
ins she int lien " on ksssSi' r.
tate, worth double the amount
of the sum loaned thereon 80, $4,000
Stocks held as collateral security
for loans, to-wit, az per sched-
ule attached to original state 7
Total carried out amountloaned.. 2le.eoaoo
AL other sums due the company 4,4l7.25
Total assets. v.::, sass,5ao.sa
Amount Of losses yet unpaid" o0a.4s
| Whole amount Of unearned prem
iums on outstanding risks. 7,6sa.ao
claims, VIZ capital......... 100000
Total Liabilities. : 26s,1ae.es
vi. INCOME DURING THE YEAR i8S8:
Whole amount Of cash premiums
Whole amount Of Interest MONEY ''1s'll
Whole amount Of income received
capitaL.."."...-...."..". 100000
Total Income. s9s4,ols.u
VII. EXPENSES DURING THE YEAR 1855.
Ing the year ISIS. :.."..:.:.. 3 s.7ss.os
Amount of commissions and fees
during the year lsss..::;:,: 2.lss.sl
Of officers and agents during
Whole amount I'M, Of ali other espei. sH~
diturcs during h year lSSS.~S@sHHgS! =
Total ExpendituEEssst;idNe 49, =
Gr0Ert&a 8 Risks taken DIR.
ing b year 1856 ..... SUBS, $1,000 "
Whole amount of risks outstand-
Whole amount Of losses incurred '"
during the year 1885, including
=. those claimed and not yet due 8 4,4Ol,54
STATE OF MINNESOTA,
D' ceaSsy Of Of fai snsspin. s"
E. B. Ames, president and Jacob Stone,
pany Of Minneapolis. MIMI being duly
sworn depose and say that the foregoing is q
full, true and correct statement Of the affairs
company is the bona fde owner Of at least
One Hundred Thousand Dollars of actual cash
capital, invested in the State and United
States stocks and bonds, or in bonds and
mortgages Of real estate unencumbered, and
worth double the amount for which the same
is mortgaged, and they are the above describ-
| ed officers Of said insurance company.
=" 70. b. AMEs, President.
JACOB STONE, Secretary.
Subscribed and sworn TO before me this 18th
lSEAL.) n. r. ODELL,
! Us Commissioner,
District Minnesota.
Auditors Office,
| Insurance Department.
!, James A. Ward, auditor Of the territory
of Dakota, do hereby certify that the above
isa true copy Of the original statement now
- In witness whereof I have hereunto
SEAL) set my hand and affixed the seal Of
this office at Blsmark, this 18th day
day of May. 1857; w.
F. 3. MORSE, Deputy. Auditor.
TIE TERRITORY OF DAKOTA-OFFICE
9E TEHK5T0KIAL AUDlrok-DEPARr
Company's Certificate Of Authority:
Whereas, the Syndicate Insurance Com
pany, = corporation organized under the laws
Of Minnesota, has filed in this office q sworn
statement exhibiting its condition and bust
ness for the year ending December 3lst, lSS8,
character Of the securities, and the financial
standing Of said company, conform to the re-
quirements of the laws Of this territory regu-
lating the business Of insurance; and
Whereas, 9he said Company has filed in
this office 9 duly certified copy of its charter,
| with certificate of organization, and has fully
compiled with the requirements Of the insur-
ance laws Aforesaid;
Now, Therefore: 1, James A. Ward, auditor
Of the Territory Of Dakota, pursuant to the
provisions Of said laws, do hereby certify that
the above named Company. Is fully empow-
cred through its authorized agents, to tran
ance in thfs Territory, according to the laws
thereof, until the 3lst day Of December, A. d.
eighteen hundred and eighty-seven. ,
In Testimony Whereof, I have hereunto get
day Of May, A.: D. 1887:
BY +. B. MORSE, Deputy.